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How do I start my own eBay business?

On Behalf of | Sep 15, 2017 | business formation & planning, Firm News |

There are many stories of people managing to quit their 9 to 5 job in order to pursue the successes of their eBay selling or other e-commerce selling tools. But the road from a casual stream of income to a fully fledged online business can be a confusing one.

This blog will provide a brief overview into how you should go about setting up an eBay business, and what dangers you should be aware of.

The first thing to remember is that eBay itself is not an employer, nor do they provide a sure fire way for you to be able to start a business and succeed. There is no standard formula. However, eBay is a platform that can help you to market goods and sell them to customers all over the world.

How to set up your eBay business

You should firstly set up an account on eBay and get used to the way that the shopping function works.

You may already be an eBay veteran, and in this case you should look at how you can take your buying and selling to the next level. You should think about the products that you are selling and whether you can create some kind of niche that differentiates itself from the products already available on eBay. You may also want to think about how you can extend your reach through social media marketing.

If you are making a significant income from eBay, you may also want to set up a business that can help you file taxes and offers certain protections that could help your business grow.

By utilizing the services of professionals, such as an accountant, financial planner or an attorney, you can ensure that your eBay business is set-up and operated properly.

Source: The balance, “I want an eBay business but how do I start,” accessed Sep. 15, 2017